SGB Executive Outdoor
West 49 Narrows Loss on Healthier Margins and Sales
West 49 Inc. reported sales increased 4.9% in the first quarter ended May 2 to C$40.8 million (U.S. $36.9mm). The net loss in the period for Canada's action sport retailer narrowed to C$2.6 million ($2.4mm), or C4 cents a share, from C$4.2 million ($
NRF: Organized Retail Crime Sees Opportunity in Recession
As another illustration of the wide effect of the down economy, retailers and consumers are increasingly being victimized by organized retail crime groups. According to NRF’s fifth annual Organized Retail Crime survey, nine out of ten retailers (92%) repo
Adidas Sees Market Share Expansion in 2010
Speaking at the recent Adidas Football Day in Herzogenaurach, Germany, Herbert Hainer, CEO and Chairman of Adidas AG, suggested that the company will “further extend” its position in football (soccer) next year when the World Cup will take place in South
UFA Renames Acquired Sportsman’s Warehouse Locations
Canada-based co-operative UFA, which in March acquired 15 Sportsman's Warehouse locations in Washington, Oregon, Idaho, Montana and North Dakota, has renamed those stores Wholesale Sports. The co-operative earlier had purchased Wholesale Sports, a C
Lululemon Q1 Net Revenue Increases, Comps Decrease
Lululemon athletica inc. said net revenue for the thirteen weeks ended May 3, increased 6% to $81.7 million from $77.0 million for the first quarter of fiscal 2008. Net revenue from corporate-owned stores was $72.9 million, an increase of 5% from $69.4 mi
ICSC: Chain Stores Sales Down Last Week
The ICSC-Goldman Sachs index of U.S. chain store sales for the week ending June 6 rose by 0.2% from the prior week, but dipped 0.8% from the prior year, marking the weakest performance in five weeks…
NRF: Import Volume Still Below One Million Containers
The monthly Port Tracker report released by the National Retail Federation and IHS Global Insight indicates that import cargo volume at the nation’s major retail container ports remained below the one million mark in April and was the third-slowest month
Nike Joins Coalition Seeking Climate and Energy Bill
Nike joined several major U.S. businesses this week in a lobbying effort to convince Congress to approve “strong” climate and energy legislation. Nike was among seven other companies listed in a full-page advertisement in the June 10 Wall Street Journal c
Adidas Sees Soccer Sales Exceeding EU1.3 Billion on World Cup
Adidas AG, announcing its plans to sponsor the 2010 World Cup, expects soccer sales to exceed €1.3 billion ($1.8bn) in 2010 as it gears up for the 2010 World Cup in South Africa. Adidas said its world market share in soccer is more than 34%, including mor
Judge Allows TYR’s Lawsuit to Proceed Against Speedo
A federal judge in California declined to dismiss TYR Sport's antitrust lawsuit against Speedo and USA Swimming over Speedo's record-breaking LZR Racer swimsuit. The decision allows the case to go to trial next year…
Collective Brands Q1 Sales Slide 7.5%, Adjusted Profits Dip 9.7%
Collective Brands, Inc. reported first-quarter earnings rose to $38 million, or 59 cents a share, from $19.7 million, or 30 cents, a year ago. Adjusting year-ago earnings to exclude nonrecurring charges, earnings were down 9.7% from $42.1 million, or 66 c
Collective Brands Q1 Sales Slide 7.5%, Adjusted Profits Dip 9.7%
Collective Brands, Inc. reported first-quarter earnings rose to $38 million, or 59 cents a share, from $19.7 million, or 30 cents, a year ago. Adjusting year-ago earnings to exclude nonrecurring charges, earnings were down 9.7% from $42.1 million, or 66 c
Peregrine Outfitters Names New Sales and Marketing Manager
Peregrine Outfitters has named Matt King the company's new Sales & Marketing Manager. King returns to Peregrine from New England Footwear (manufacturers of GoLite and Z7 Footwear) where he was VP of Global Sales. He brings a wealth of experience to t
NSSF Shooting Sports Summit Kicks Off
The National Shooting Sports Foundation’s 2009 Shooting Sports Summit is under way in Weston, FL. Over the next two days, more than 150 leaders from the firearms industry, shooting sports organizations and wildlife conservation groups are joining members
G-III Sees Q1 Sales Up 54%; Earnings Hurt by Wilsons Business
G-III Apparel Group, Ltd. said net sales for the first quarter ended April 30 increased by 53.8% to $115.9 million from $75.4 million in the year-ago period. The company’s net loss for the quarter was 41 cents per share compared to a net loss per share of